The portion of authorized capital that has been allotted to subscribers

Accounts - Principles of Accounts

WAEC 2012

A. called up capital
B. paid up capital
C. issued capital
D. nominal capital

WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

Correct Answer: Option C

Explanation

The Issued Capital refers to the number of shares issued by the company to the shareholders. In other words, the shares allotted or subsequently held by the shareholders is called the issued capital.

Previous Next

Go back to Acc classroom

Report an Error Ask A Question Download App

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

I whant to know we're I supposed to be? Answer this

1 Answers · 1 day ago
can jss 3 students use this my school? Answer this

1 Answers · Mathematics · 2 weeks ago
the bearing of ships A and B from a Port P are 225 and 116 respectively .ship A is 3.9km... Answer this

3 Answers · Mathematics · 5 years ago

Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts

The portion of authorized capital that has been allotted to subscribers

Correct Answer: Option C

Explanation

Contributions ({{ comment_count }})

Please wait...

Modal title

Report

Block User

{{ feedback_modal_data.title }}

Quick Questions

Post your Contribution

Sign In